🔸 What is the popular ZK computing market project @ boundless_xyz recently? What big thing do you want to do again? 🔻 The following plain language article will help you quickly understand Boundless. 🍓 Simple background knowledge Don't trust Verify! "Is a famous saying in blockchain. Blockchain is not maintained by "trust", but by "verification" to achieve consensus. Nodes do not trust each other, and each node must personally perform a calculation to confirm whether the result is correct. Although this mode ensures correct results, its efficiency is very low. So ZK proof emerged: It allows nodes to "only verify the results" without having to repeat the entire calculation process themselves, thereby greatly improving computational efficiency. A vivid metaphor is doing math problems: The node has obtained the answer (ZK proof), and only needs to substitute it into the question to verify its correctness, without the need to list formulas or calculate step by step. 🤔 Why do we still need Boundless? Slow on chain computation? ZK proves that technology can solve it; Is the programming language for ZK applications difficult? ZkVM enables developers to program in mainstream languages such as Rust; However, it is difficult to truly implement ZK applications because there is a lack of corresponding "standardized supporting services": ❓ Who will help me run this application and generate ZK proofs; ❓ Who will verify this ZK proof; ❓ How to maintain computing power? How to keep computing services online for a long time; ❓ Who will connect the supply and demand sides, providing one-stop services for placing orders, receiving orders, receiving payments, and after-sales service; Boundless has built a decentralized "ZK computing marketplace" to address the "last mile" problem of ZK applications from code to delivery. ⚙️ Specifically, how does Boundless operate? ▪️ Participants Requestor: The person who requires ZK proof. Prover: The person who generates the ZK proof. Boundless: A market that matches two parties to reach a transaction. ▪️ workflow Developers need ZK proof, but they cannot generate it themselves, so outsourcing is required. 2/They post proof requests on Boundless and wait for miners to take orders. After placing an order, Boundless will initiate a "reverse Dutch auction": the price starts from the lowest and gradually increases until a miner feels the price is OK and willing to take the order. 4/Miners take orders, complete tasks, generate ZK proofs, and submit them to Boundless for verification. After the verification is passed, the ZK proof is handed over to the developer and the miner receives a reward. ▪️ reward system We have all heard of PoS/PoW mechanism: PoS (Ethereum) rewards by staking tokens, but this can result in a large amount of funds being locked on the chain; PoW (Bitcoin) relies on miners constantly trying calculations, and whoever finds the answer first receives a reward, but these calculations themselves do not bring much value; And Boundless proposed a new PoVW mechanism: The more ZK proofs generated by miners, the more ZKC token rewards they can receive. Each ZK proof is labeled with 'cycles', representing how many resources were used for this calculation. The system will count the number of cycles for all proofs in each epoch and distribute rewards based on their proportion. For example, if a miner completes 2% of the network's computation, they can receive a 2% ZKC reward. Therefore, we can say that Boundless rewards "verifiable real workload". 🔖 conclusion Boundless is building a universal ZK computing market across the entire chain. It can provide low-cost and reliable ZK computing services on a large scale while maintaining decentralization, and promote the true implementation of ZK applications.